Assessments / Blog

BTC #F Demand above demand line


The 1- day chart above shows our SUPPLY and DEMAND Dashboard and BXB (Bar by Bar) Signals for Bitcoin Futures trading on the Chicago Mercantile Exchange(CME).

Readings are based on Supply and Demand and Volume internal data. It is updated in real time during the trading session of the CME exchange and does NOT take into account any price indicators or mathematical formulas using price. We do however show the cumulative price change for the trading session and in some instances assess price movement’s relationship to Supply and Demand.

It is therefore fair to say that the readings and signals are independent from other popular price indicators and others shown on the chart. The readings are an independent assessment of the one and only measureable fundamental market mover: SUPPLY and DEMAND. It does not matter if price is influenced by a geopolitical event, seasonality, fundamental economic data releases or sentiment driven news, etc. It all reflects in Supply and Demand, the “footprints” of the “Big Boys” or “Smart Money”.

Click here for example of reversal trade taken in Feeder Cattle that can be found on this page.

Demand had the upper hand since June the 4th and we had no bar closes below the demand trend line since May the 30th. Resistance above will come in at 7900 and a break above this level will bring the 8680 resistance level into play.

1-Day Signals June the 7th

All readings are based on the BTC continuous futures contract trading on the CME at the time of this writing!


The Supply and Demand Reading (1st row) is 3.4 which indicates Demand had the upper hand the time the reading was taken.

Supply and Demand Direction (3nd row) is to the Upside (lime up triangle), indicating substantial upwards direction.

Average Supply and Demand Volatility (4th row) is below 100% and is bullish. The change in average Volatility from the previous bar was positive 5 (Demand is strengthening) as shown on the right of Sup/Dem Dashboard.

BXB Signals:

We have a Buy signal on the signals board (1st row).

Daily Volatility direction (2nd row) is Bullish (blue up triangle). The change in daily Volatility from the previous day was positive 24 (Demand is strengthening) shown on the right of BXB Dashboard.

Average Volatility direction was Up (blue up triangle in 3rd row).

Supply / Demand direction was Up (positive reading in 4th row).


A break below the 7300 level can lead weakness. A bar close below the Demand trend line can also lead to weakness.


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